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Industry Landscape
The Application Security (AppSec) industry is experiencing rapid growth, driven by increasing software development, adoption of cloud-native architectures, and rising cybersecurity threats. Organizations prioritize 'shift-left' security, embedding it early in the SDLC. Demand for consolidated platforms like ASPM is high, reflecting the need for unified visibility and automated governance across complex ecosystems. Compliance and supply chain security are critical concerns, fueling innovation in orchestration and risk-based management.
Total Assets Under Management (AUM)
Application Security Market Size in United States
~Approximately $4.7 billion USD (2023 for North America)
(15-20% CAGR)
- Driven by increasing adoption of DevSecOps practices.
- Growing complexity of software supply chains.
- Escalating regulatory compliance requirements.
Total Addressable Market
10 billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
AI in Application Security
Artificial Intelligence and Machine Learning are increasingly used to automate threat detection, vulnerability analysis, and anomaly detection, enhancing the speed and accuracy of AppSec processes.
SBOM Automation
Automated generation and management of Software Bill of Materials (SBOMs) are becoming critical for supply chain transparency and vulnerability tracking, especially following new regulatory pushes.
Generative AI for Secure Code
Generative AI is being explored for its potential to assist developers in writing secure code from the outset and to identify and suggest fixes for vulnerabilities.
Impactful Policy Frameworks
Executive Order on Improving the Nation’s Cybersecurity (EO 14028) (2021)
This U.S. Executive Order mandates significant improvements in federal cybersecurity practices, including a focus on software supply chain security, SBOMs, and secure development practices for software sold to the government.
It drives increased demand for AppSec platforms like Tromzo that provide SBOM capabilities, secure SDLC enforcement, and risk-based vulnerability management to meet federal and downstream supply chain requirements.
NIST SSDF (Secure Software Development Framework) Version 1.1 (2022)
NIST SSDF provides a set of fundamental practices for secure software development, emphasizing reducing vulnerabilities, mitigating their impact, and addressing the root causes of vulnerabilities.
It influences organizations to adopt 'shift-left' security practices and robust AppSec governance, aligning directly with Tromzo's capabilities in policy enforcement, vulnerability management, and SDLC compliance.
SEC Cyber-Disclosure Rules (2023)
The U.S. Securities and Exchange Commission (SEC) adopted new rules requiring public companies to disclose material cybersecurity incidents within four business days and periodically disclose their cybersecurity risk management, strategy, and governance.
This policy increases the pressure on publicly traded companies to have mature AppSec programs and robust reporting capabilities, driving adoption of ASPM solutions that provide comprehensive visibility and auditable security posture.
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